Pacific Assets Trust

Pacific Assets Trust plc

(the "Company")

22 January 2024

Quarterly Report - 1 October 2023 to 31 December 2023

The Company's quarterly shareholder update for the period 1 October 2023 to 31 December 2023 will shortly be available on the Company's website, www.pacific-assets.co.uk.

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Frostrow Capital LLP

Company Secretary

Tel: 020 3709 8734